Numerous bank cards will offer you a 0% introductory APR period on acquisitions and transfers of balance for 12 to 15 months. Supplied you create at least the minimal payments on time, you won’t be charged interest when it comes to time that is whole, after which it the attention price will return to your regular purchase or stability transfer APR, that may likely range between 14 to 26per cent according to your creditworthiness. It’s also possible to want to pay a share on any stability you transfer, probably between 3 and 5%.

These credit cards are helpful for transferring debt from high-interest cards and saving interest if the math works out in your favor.